An annulment is a legal procedure that voids a marriage and declares it null from its inception. Unlike divorce, the effect of declaring a marriage void is retroactive, meaning that the marriage was void at the time it was entered into. It...
business organizations
anti-greenmail provision
An anti-greenmail provision is a provision within a corporate charter that prevents the company’s board of directors from making greenmail payments.
Greenmail payments refer to payments made by a corporation to buy out the...
antitrust laws
The three key federal statutes in Antitrust Law are Sherman Act Section 1, Sherman Act Section 2, and the Clayton Act.
The Per Se Rule v. the Rule of Reason:Violations under the Sherman Act take one of two forms -- either...
antitrust violations
Antitrust violations occur when an antitrust law is broken; laws protecting trade and commerce from abusive practices such as price-fixing, restraints, price discrimination, and monopolization. The three key federal statutes in Antitrust Law...
arbitrator
An arbitrator is a neutral third party that oversees the alternative dispute resolution method of arbitration. While arbitration as a whole is governed by the Federal Arbitration Act, the requirements to become an arbitrator are determined...
Articles of Incorporation
Articles of Incorporation refers to the highest governing document in a corporation. It is also known known as the corporate charter. The Articles of Incorporation generally include the purpose of the corporation, the type and number of...
Articles of Organization
The articles of organization are a public and official document used to create a limited liability company (LLC). The LLC members must file the articles of organization before the relevant state authority (usually the Secretary of State) for...
artificial person
An artificial person is also known as a juridical person; it has a legal name and has certain rights, protections, privileges, responsibilities, and liabilities in law, similar to those of a natural person. In other words, an artificial...
association
An association is an unincorporated organization of people banded together for a specific purpose. Generally associations are tax exempt under nonprofit 501 exemption, however, if an association has certain features that make it look like a...
audit
An audit (noun) is a formal examination and verification of an individual’s or organization’s records and accounts, finances, or compliance with a set of standards.
To audit (verb) is the act of conducting the formal...